The Fractal Approach to S plus R - Page 3
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Thread: The Fractal Approach to S plus R

  1. #21
    Quote Originally Posted by ;
    I like this system very much, thanks for sharing.

    I have a couple of quick questions:

    1) Are you currently using 0:00 GMT since the beginning of a new moment?
    2) Do you use M1, M2, etc. when discovering areas of confluence?
    3) Do you always Fib from daily high to low, or do you make exceptions when there is a clear wave from the previous day(s)?

    Thank you again.
    Except for the delay in getting back to you.
    Yes I use midnight GMT since the start and end of the day.
    No I don't use M pivots
    And finally yes I do carry the fibs over if it is clear.
    Great questions,
    Thanks, TJ

  2. #22
    This is actually the commerce I took last night, almost got ceased but seems ok now.

  3. #23

  4. #24
    Thanks for the example Oedipus.

    Have you got any rules on how close the fractal, pivot and fib lines have to be in order to be considered a confluence? The example you give appears to indie that if they are within 10 pips of one another, it is still a valid confluence.

  5. #25
    Woke up this morning and watched this on the NZD/USD.

    Does it look like a legitimate setup? It has not hit yet but I'll see how it goes.

    UPDATE: The trade struck but ended up hitting my stop.

  6. #26
    Thank You for the posts I'll Be Looking for the egy

  7. #27

  8. #28
    I will attempt to remember to post a way of taking advantage if EUR/USD does convincingly turn bullish with the principles previously posted in this thread.
    I apologise for not answering questions as timely as I could have, I'll attempt to get much better.

  9. #29
    As market flow is currently up I am only taking long trades to your up coming session. The next thing I do I draw hoizontal lines across all on the fractal highs and lows going back a week. I warn you that this will begin looking a bit cluttered but this'll clean please give me a sec.

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